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Dec 10, 2012
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and stocks are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do if there is a debt deal before year-end or shortly thereafter. we have smart strategies and individual stock picks for you this hour. >> that's right. well also take a look at another side of google that you very rarely hear about. the internet giant stashing billions in tax shelters to avoid paying taxes. is that fair play or outrageous corporate behavior? especially in this climate. well talk about that. but first, markets are generally higher. dow jones industrial average up 29 points on the day. nasdaq is up 7. and s&p 500 up about 1 1/2. >> they've been that way about the last
and stocks are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do...
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Dec 4, 2012
12/12
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jeff, what do you make of what's going on in washington? i'm most interested in the fact that the markets have lost the volatili volatility. we're not seeing the markets respond to every single statement that comes out of washington right now. what do you make of that? >> i think it's the same washington waltz we saw last year. they didn't extend the bush tax cuts until december 17th. they didn't handle the payroll tax until december 23rd. i lived inside the beltway. i have a pretty good network on the hill. i think they're going to have some kind of staged in agreement and then agree to attack the entitlement situation in the new year. >> michael, what do you make of what's going on? how do you try and trade this? at least we had some volatility the traders could trade on. now we don't have that. >> i think the lower volatility is telling you this is an extremely resilient stock market. i've been calling this the rocky balboa stock market. the entire scenario playing out is the fiscal cliff ends up being bullish no matter what. spending cu
jeff, what do you make of what's going on in washington? i'm most interested in the fact that the markets have lost the volatili volatility. we're not seeing the markets respond to every single statement that comes out of washington right now. what do you make of that? >> i think it's the same washington waltz we saw last year. they didn't extend the bush tax cuts until december 17th. they didn't handle the payroll tax until december 23rd. i lived inside the beltway. i have a pretty good...
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Dec 20, 2012
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. >> a perfect storm is brewing in washington and at this hour. the house gets set to vote on plan b which the white house has said is a nonstarter. house speaker boehner will hold a news conference in about 15 minutes or so. we will take it live here. first, to john hart wood at the white house. john? >> sue, we've had a pretty relentless game of messaging bing pong between democrats and republicans today. we hear from eric cantor about plan b that house intends to take up. then we heard from harry reed, now just behind me, jay carney is briefing. but bottom line from the standpoint of republicans, as negotiations with the white house have broken down, is that as eric cantor said a few minutes guy to reporters, they put the onus squarely on the president right now, saying that the action by the house today, which they say they have the votes to pass is the only concrete action to avoid the fiscal cliff. >> and the president has a decision to make. he can support these measures or be responsible for wreckless spending in the largest tax hike in am
. >> a perfect storm is brewing in washington and at this hour. the house gets set to vote on plan b which the white house has said is a nonstarter. house speaker boehner will hold a news conference in about 15 minutes or so. we will take it live here. first, to john hart wood at the white house. john? >> sue, we've had a pretty relentless game of messaging bing pong between democrats and republicans today. we hear from eric cantor about plan b that house intends to take up. then we...
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Dec 19, 2012
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a lot of uncertainty in washington. you still have a smile on your face. are you hopeful you will get it done? >> i'm hopeful for a number of reasons. number one, i think the mood of the country is very somber. >> yes. >> post connecticut. i don't think that people are in the mood to watch the president and the congress go through shenanigans over what most people don't even understand. we know taxes are going up. let's get it over with. whether or not they deal with underlying problems, we still have negative gnp next year and but i think a deal or framework of a deal will get done. it will be some euphoria and a slight correction in the market. >> what about the overall 2013? >> i think this is a little y2k-ish. there are countdowns. everyone is talking about the cliff, the cliff, the cliff pip feel a little bit like it is like y2k. money is cheap. people are getting in a sense within whether it is realistic or not, housing, financials, and i think there is a an enormous amount of m and a activity for a number ever reasons. first is money is cheap. >> ri
a lot of uncertainty in washington. you still have a smile on your face. are you hopeful you will get it done? >> i'm hopeful for a number of reasons. number one, i think the mood of the country is very somber. >> yes. >> post connecticut. i don't think that people are in the mood to watch the president and the congress go through shenanigans over what most people don't even understand. we know taxes are going up. let's get it over with. whether or not they deal with...
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Dec 20, 2012
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nobody wants to try to predict washington. so i think focus longer term and establish your asset allocation, your portfolio based on your own needs, your own time horizon, your own risk aversion. don't get caught up in the moment because investors that do that get whip sawed. >> thank you. it's great talking you. we wish you the best. >> it's been great talking to over the years. >> we hope the next chapter of your life is as fruitful as the first. coming up, two strong opinions, a good old fashioned street fight. one big one is coming up next. >>> we come back to fast money halftime report. this is herbalife's bill ackman's statement. mr. ackman has been quoted on cnbc saying be weary of companies that restrict or cause access to their earning calls. but when we ask to participate in today's conference he pointedly refuse us access. now we know why. had our executives been there, they would have been able to tear mr. ackman's business model apart. his mistakes are too many to address immediately. so scott, this is probably no
nobody wants to try to predict washington. so i think focus longer term and establish your asset allocation, your portfolio based on your own needs, your own time horizon, your own risk aversion. don't get caught up in the moment because investors that do that get whip sawed. >> thank you. it's great talking you. we wish you the best. >> it's been great talking to over the years. >> we hope the next chapter of your life is as fruitful as the first. coming up, two strong...
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Dec 19, 2012
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so many people -- you want to be bullish, but these guys in washington, and gals in washington, give you so little reason to actually be bullish. you're right. the corporate sector you know, loaded with cash, fundamentals turning positive. >> but this is the big difference from last year, last summer where the economy was so fragile. we were in such a fragile state last suggest so it was easy to tip us over. now we're a little better here in the states but a lot better in china, and a little bit better in europe. >> we've got to get to jim. >> because of the contrarian view, jim, is once we get a deal, we sell right into the deal. >> yeah, that's right. i'm going tonight skunk at the garden party here, and i'm geg going to tell you i never thought we'd get a deal. throwing rocks at each other. more likely we won't get a deal. the economy is as bad as last summer, looking at 1.5% growth for the fourth quarter, maybe the same kind of number for the first quarter. we're going over the cliff in january. that means we're essentially in january because of the fiscal drag will be greater th
so many people -- you want to be bullish, but these guys in washington, and gals in washington, give you so little reason to actually be bullish. you're right. the corporate sector you know, loaded with cash, fundamentals turning positive. >> but this is the big difference from last year, last summer where the economy was so fragile. we were in such a fragile state last suggest so it was easy to tip us over. now we're a little better here in the states but a lot better in china, and a...
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Dec 18, 2012
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god, because who the hell knows what washington is going to. do they make decisions based on what they think they can do to impact their business oh, pand their business, so whether it's cost savings or whether it's revenue growth, the government's there. i am not as boss mettic about the effects of the fiscal cliff. in fact, i could argue over the long term let's have the battle now. >> go over it. go over the cliff? >> let's go over it. you know, if i were a republican, i'd say, okay, i'm going to put my offer on the table. the best i can do. i think there's a lot of ways to deal with the people of 250 and below about their taxes. carve that out. take that off the table. it's no longer now a political issue. okay, mr. president, and by the way, my fervent wish is that this sitting president. >> does well. >> be the best president we've ever had in the history of the country because if he does, that all of us here, all of us all over america, will be a lot better off. we all win if he wins, so let's understand politics are over. the election i
god, because who the hell knows what washington is going to. do they make decisions based on what they think they can do to impact their business oh, pand their business, so whether it's cost savings or whether it's revenue growth, the government's there. i am not as boss mettic about the effects of the fiscal cliff. in fact, i could argue over the long term let's have the battle now. >> go over it. go over the cliff? >> let's go over it. you know, if i were a republican, i'd say,...
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Dec 17, 2012
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in downtown washington we found people demanding tougher gun control laws. the powerful pro gun lobby. but it was lifetime nra member joe mansion making news today for his call for reasonable restrictions on guns. >> we can protect the second amendment rights. we definitely can protect it. and we will protect it. but we can look at also ways that we can make our country and our children more safe. i really believe that. that we could sit down and have that dialogue and hopefully movement on that. >> and this afternoon senator patrick leahy announced on the senate floor that he will hold gun safety hearings early next year. >> all right, hampton. thank you so much. fast money beginning in just a few minutes. melissa lee has the preview. >> at the top of the hour on "fast money," with apple continuing its collapse our traders will give you the five text stocks you want to own instead of apple going into the new year. and what does it look like for the mortgage intersection redestruction? analysts will give you the plays you want to play and also the plays you
in downtown washington we found people demanding tougher gun control laws. the powerful pro gun lobby. but it was lifetime nra member joe mansion making news today for his call for reasonable restrictions on guns. >> we can protect the second amendment rights. we definitely can protect it. and we will protect it. but we can look at also ways that we can make our country and our children more safe. i really believe that. that we could sit down and have that dialogue and hopefully movement...
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Dec 21, 2012
12/12
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so eyes for these periods now around christmas squarely on washington as you might see. not much christmas cheer for research in motion either. this was a stock that was up towards after they came out with numbers better than expected. a narrow profit loss and they raised their cash. then they came up and said we're going to have to change our models on charging. and so we're going to enhance fees, get people who use added security features. we're going to charge them fees. but those who don't want those added security features, they may generate no or lower revenue. and that got analysts very worried about the service revenues. so r.i.m. stock after hours down nearly 9% on that. we'll see how that goes through trade today. those two bits of news that we're watching in the united states over here. >> happy holidays to you and to charlotte and the family. i anchored cnbc show with ross for over a year and a half. good to see him. >>> let us know why you're awake. shoot us an e-mail at way too early@msnbc.com or tweet m me @bshactman. >>> there's now speculation michael vi
so eyes for these periods now around christmas squarely on washington as you might see. not much christmas cheer for research in motion either. this was a stock that was up towards after they came out with numbers better than expected. a narrow profit loss and they raised their cash. then they came up and said we're going to have to change our models on charging. and so we're going to enhance fees, get people who use added security features. we're going to charge them fees. but those who don't...
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Dec 11, 2012
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we had a front row seat here in washington. remember as a child when you would not budge when your friend budged? today, the republicans attacked the decks for not putting any spending cuts on the table, as they push for higher taxes on the highest earners. many democrats say, we can deal with spending cuts later. just raise taxes on the upper income now to avoid going over the fiscal cliff. this, of course, kicks the can down the road. the republicans say no deal if spending cuts are not agreed upon, along with new revenue right now. not later. but now, the next salvo, democrats now are saying that they won't put any spending cut proposals out there, they want to first hear what cuts the republicans want first. i guess so that they can use that against them in the public forum. we'll remember the infamous granny over the cliff ad after paul ryan floated his budget. so, what is the end game here? what if john boehner doesn't blink? we now have less than three weeks before the new year. i have said it before -- i am not expectin
we had a front row seat here in washington. remember as a child when you would not budge when your friend budged? today, the republicans attacked the decks for not putting any spending cuts on the table, as they push for higher taxes on the highest earners. many democrats say, we can deal with spending cuts later. just raise taxes on the upper income now to avoid going over the fiscal cliff. this, of course, kicks the can down the road. the republicans say no deal if spending cuts are not...
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Dec 30, 2012
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we got called into a meeting tonight, in washington, d.c., in fact, i am leaving here to fly to washington right away. the meeting was not supposed to take place until the morning. ordinarily, that means that something is up. you mentioned in the intro to this piece that there is a 3:00 deadline. it may be a testament to the fact that we are up against's deadline. i don't know. i hope we will see something clean and simple in the next 24 to 48 hours. if the president load its up with stim scplus unemployment insurance and delays on the spending cuts, we are going to have a problem. but i am getting more comfortable that we will see something in the next 24 hours. >> eric: we'll see what happens. happy new year, by the way -- if we can have one. nice tie. [chuckles] >> eric, thanks very much. >> economists have warned of a double-dip recession if a deal is not reached. how likely is that to happen? what does that mean for you? we have an economist at the university of maryland and former chief economist with the united states international trade commission here. thank you for joining us. >>
we got called into a meeting tonight, in washington, d.c., in fact, i am leaving here to fly to washington right away. the meeting was not supposed to take place until the morning. ordinarily, that means that something is up. you mentioned in the intro to this piece that there is a 3:00 deadline. it may be a testament to the fact that we are up against's deadline. i don't know. i hope we will see something clean and simple in the next 24 to 48 hours. if the president load its up with stim...
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Dec 11, 2012
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thank you for being with us live from washington. remember, i hope you'll follow me on twitter and google plus. stay with cnbc, because "fast money" begins right now. see you back in new york tomorrow. >> and this is mission krill call, rise above washington, d.c. we're going to get to "fast money" in just a moment. but we've got to talk about what is going on here. you just heard maria's observation. she is not confident that a deal will get done. sadly, i feel the same way. especially after speaking with numerous lawmakers today. everybody seems very firmly entrenched, although eamon with the news just a moment ago that john boehner has indeed sent the president a counter offer, though republicans, to a man, complained today that they do not know what cuts the democrats would like to make. senator harry reid coming out earlier today, saying, we're not going to offer up any cuts. we want the gop to put their cuts on the table. it is clear it is a game of finger pointing, which party is going to be made to look like the bad guys, bec
thank you for being with us live from washington. remember, i hope you'll follow me on twitter and google plus. stay with cnbc, because "fast money" begins right now. see you back in new york tomorrow. >> and this is mission krill call, rise above washington, d.c. we're going to get to "fast money" in just a moment. but we've got to talk about what is going on here. you just heard maria's observation. she is not confident that a deal will get done. sadly, i feel the...
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Dec 21, 2012
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will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a bill right now and try to force speaker boehner's hand and have him accept any sort of tax increase, at least allow a vote and something that could pass in the house? mainly by democratic votes? that is unclear at this point. right now, harry reid is calling on the house to pass their enate bill and speaker boehner is relenting at there point. >> zachary, you cover economic policy. can you give me any clues of what is happening behind the scenes? are republicans saying, good gosh, if they would means test medicare and change retirement age, i would m
will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a...
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Dec 17, 2012
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we'll look at those deal meetings in washington. stay with us. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >>> welcome back. shares of sprint today dropping today after the telecom giant announced the remaining stake it does not own. sprint is one of the best performing stocks in the s&p 500 this year. is there still room to run for the stock or are you better off with larger competitor verizon? on
we'll look at those deal meetings in washington. stay with us. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national....
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Dec 20, 2012
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we'll take you live to washington. stick around on the "closing bell." >>> time to toast today's close with this. a recent study from william blair showed that amazon is offering a wired selection of products, and it's a little bit cheaper than both walmart and target. so what are the differences? find out next. a recent study from william ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> a toast to today's market close. online, amazon's product selection is 15 to 20 times larger than target and walmart. and the pric
we'll take you live to washington. stick around on the "closing bell." >>> time to toast today's close with this. a recent study from william blair showed that amazon is offering a wired selection of products, and it's a little bit cheaper than both walmart and target. so what are the differences? find out next. a recent study from william ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of...
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takeover of the airport would also cut off weapon supplies and allies like iran says andrew tabler of the washington institute near east policy. >> as the country's longest runways, from that location that jets from iran land, carrying a lot of sophisticated weapones, so knocking that location out. taking it over and holding it would allow the rebels to begin their push towards damascus without having the threat of resupply from the iranians. >> reporter: that makes it far too valuable for forces loyal to syrian president bashar al-assad to give up without a fight. the battle for damascus and its airport might prove to be the bloodiest in more than 20 months of syria's brutal civil war. charlie d'agata, cbs news london. >> and we'll be right back in just a moment. i runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! new prilosec otc wildberry is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things
takeover of the airport would also cut off weapon supplies and allies like iran says andrew tabler of the washington institute near east policy. >> as the country's longest runways, from that location that jets from iran land, carrying a lot of sophisticated weapones, so knocking that location out. taking it over and holding it would allow the rebels to begin their push towards damascus without having the threat of resupply from the iranians. >> reporter: that makes it far too...
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Dec 13, 2012
12/12
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but first, let's get straight to our top story, and that is the haggling in washington, d.c. president obama's meeting with house speaker john boehner this hour. john, what should we expect? >> we expect the meeting to last something less than an hour between the speaker and the president of the united states. a republican leadership aide told me the meeting is taking place because a shakeup is required in budget talks, given the inflexibility of the white house. question is going to be, what is that shakeup? the speaker wants and republicans have been the demanding more details from the white house on potential cuts and entitlement programs. the white house has shown no willingness to go further than they've already gone and they are winning this argument in terms of public opinion. so, another possibility for a shakeup is for republicans to some how give ground and we'll see whether that happens on decoupling top tax rates, 98% of american families. we're going to have to see what happens and if we hear from john boehner and president obama after this meeting which will pro
but first, let's get straight to our top story, and that is the haggling in washington, d.c. president obama's meeting with house speaker john boehner this hour. john, what should we expect? >> we expect the meeting to last something less than an hour between the speaker and the president of the united states. a republican leadership aide told me the meeting is taking place because a shakeup is required in budget talks, given the inflexibility of the white house. question is going to be,...
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Dec 27, 2012
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what on earth is happening in washington, folks? when we run through what exactly no deal means for you step by step just how annoyed are you going to feel? lots of things coming up on ""street signs."" >> i'm annoyed, mandy. four days to go before america goes over the fiscal cliff. what does that really mean for average snerns how would going over the cliff affect you? jackie deangel lis is at cnbc hears. >> four days away, not a lot of time at all. a lot is at stake for all-americans if washington can't come to some sort of agreement before the deadline. while some groups will be impacted differently, the key here is that everyone will be paying more. consider those who make roughly $20,000 a year or less. they'll be paying on average $412 more. if your salary is in the $64,000 range, you're going to be paying almost $2,000 mosh. remember, that's why president obama was talking about my 2 k. he wanted to get the middle class to weigh in on the tax debate. that's how much they'll be paying. if you make a little bit over $100,000,
what on earth is happening in washington, folks? when we run through what exactly no deal means for you step by step just how annoyed are you going to feel? lots of things coming up on ""street signs."" >> i'm annoyed, mandy. four days to go before america goes over the fiscal cliff. what does that really mean for average snerns how would going over the cliff affect you? jackie deangel lis is at cnbc hears. >> four days away, not a lot of time at all. a lot is at...
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Dec 27, 2012
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"special report" from washington starts at 6:00 p.m. eastern. now back to new york and "the five." ♪ ♪ >> welcome back to "the five." shop in saint paul has been warned to stop selling candy smokes with bubble gum cigars after they are trying to prevent kids from trying the real stuff one day. does anyone want to tie it throt is a nexus between candy cigarettes and bubble gum cigars and taking up smoking? any takers? smokers amongst us? >> greg: this research is created to prove the point researchers want that candy cigarettes lead to real smoking. all kids had candy cigarettes. ban hot wheels because kids fast on them. cap gun leads to real guns. making a finger like this should be banned. no more using -- >> bob: making a finger lik like -- never mind. >> andrea: that is banned. >> bob: of course it should be banned. >> eric: they're fun. >> bob: it's a law. it's a law. >> andrea: i had those. look at me. >> eric: they have too much time on their hands to worry about whether a candy cigarette wants to smoke real cigarette. >> kimberly: i h
"special report" from washington starts at 6:00 p.m. eastern. now back to new york and "the five." ♪ ♪ >> welcome back to "the five." shop in saint paul has been warned to stop selling candy smokes with bubble gum cigars after they are trying to prevent kids from trying the real stuff one day. does anyone want to tie it throt is a nexus between candy cigarettes and bubble gum cigars and taking up smoking? any takers? smokers amongst us? >> greg:...
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Dec 10, 2012
12/12
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CNN
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you have two politicians in washington doing what needs to be done for the better of the country, and i agree it's a good thing, and maybe they went to see lincoln together to see if they can get something done like lincoln did. >> a promanc going on. >> this is not the end-all be all of the negotiations. there's a lot of big and hairy problems facing the country that president obama and congress will want done, so there's a lot of room and space and time, four long years for negotiations. sometimes the democrats will have more leverage and sometimes the republicans will have more leverage. >> right. people yell it's not fair, it's not fair, everybody does it. >> it's not four years. we will have a debt ceiling conversation in a few months. you have to remember that this is rapid fire. as soon as we get passed the fiscal cliff, president obama will have to meet again with boehner to discuss the debt ceiling. >>> steven baldwin was arrested and when he was released he wanted to come on this show and explain himself. that's next. reas are reporting reas are reporting their best tourism
you have two politicians in washington doing what needs to be done for the better of the country, and i agree it's a good thing, and maybe they went to see lincoln together to see if they can get something done like lincoln did. >> a promanc going on. >> this is not the end-all be all of the negotiations. there's a lot of big and hairy problems facing the country that president obama and congress will want done, so there's a lot of room and space and time, four long years for...
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Dec 26, 2012
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we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former
we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the...
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Dec 18, 2012
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send it to washington. i it's kenny's recipe of the day. >> they are so great. >> maybe they will talk more. you never know. >>> sue to the bond market, five-year notes up for action. rick santelli. >> hi, tyler, another spongy auction. the high stroke of 1:00 eastern was .765 on the bid side. what were the results of this auction, .769. it tailed off a bit. the 10 auction average, 2.87. this was deficient at 2.72. the lightest since july. indirect well below 42 auction average. here is where it's interesting. new trend, central banks, large institutions on direct bidding, 30.4, 11% is a 10 auction average. that's the best since sep '04, 77 basis points. rick, all yours. >> let's bring in jeff, cnbc contributor. you're a bond guy at the cme. is this a bond bubble and are we coming out of it? >> we talked a couple weeks ago on "power lunch" how we're poised to see the long end of the curve. we had confirmation when ben bernanke said they were going to focus the purchase on the belly of the curve. that's what
send it to washington. i it's kenny's recipe of the day. >> they are so great. >> maybe they will talk more. you never know. >>> sue to the bond market, five-year notes up for action. rick santelli. >> hi, tyler, another spongy auction. the high stroke of 1:00 eastern was .765 on the bid side. what were the results of this auction, .769. it tailed off a bit. the 10 auction average, 2.87. this was deficient at 2.72. the lightest since july. indirect well below 42...
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Dec 18, 2012
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the more wall street washington is rising above, the higher the market goes. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan "b" proposal from john boehner, sort of took some of the wind out of the sails. nasdaq still up 1.25%, a 3348 and the s&p 500 index is up 12-plus points right now at 1443. >> while the dow on pace for the first back-to-back triple-digit gains in nearly five months. can we hold on for the final hour? >> let's talk about that in our closing bell exchange. carol roth, the author of "entrepreneurial equation" is with us. from chicago, keith springer from springer financial adviser and john carpina is on the floor with us, and rick santelli, of course, is in chicago as well. carol, you've been skeptical about this m
the more wall street washington is rising above, the higher the market goes. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan...
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Dec 28, 2012
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level of a parent kind of corporate hesitancy about their actual business given what is going on in washington. i don't really think that the tangible stakes are that high for most businesses. it just happens to be this overhang. so i do think that is a major concern and really i think that -- >> you can paint it another way. >> hold it. both you guys said that the debt ceiling is a major concern for corporations. >> yep. >> tell me why that is. i'm on the other side of the fence. i don't agree with that. i think once we get, once the corporations know what the bargain is, the grand -- they have some certainty, the biggest risk is this. >> what is the trade-off to raise the spending limit? the trade-off is likely to be the republicans are going to want spending cuts. that is why it is. >> we've been there before with debt ceilings and we've always gotten through. we put the government on hiatus in terms of spending money but we've always gotten through it. to me that is not the seminole issue. if that is i'm happy to be on the other side of the trade. >> i wasn't saying it is an actual issue.
level of a parent kind of corporate hesitancy about their actual business given what is going on in washington. i don't really think that the tangible stakes are that high for most businesses. it just happens to be this overhang. so i do think that is a major concern and really i think that -- >> you can paint it another way. >> hold it. both you guys said that the debt ceiling is a major concern for corporations. >> yep. >> tell me why that is. i'm on the other side of...
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Dec 18, 2012
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with these interest rates and this fed, of course it's cheap but you still have the things going on in washington that is holding back everything. the question is, how much does it mean and what will it do and you're holding back people from the end of the year and the market will go down 2, 3%. >> much harder than that and the point that temper is making, stocks are cheap, the fed is your friend. your reaction? >> stocks aren't cheap. it's 12 times a number that is fantasy for next year. they are trading 15 times trailing earnings over the last 30 years the stock market is rich. so that would be point number one. point number two is that the fed is not your friend. the best periods for equity return is after the fed realizes policy, not when they have their foot on the gas. the late '40s and late '50s. i'm sure all of us will remember 1995, for example, after the fed inverted the yield curve, clinton and gingrich were threatening to shut down the government. green pan thought there was a chance that we were going into recession. but that was after they actually normalized policy. the same thing
with these interest rates and this fed, of course it's cheap but you still have the things going on in washington that is holding back everything. the question is, how much does it mean and what will it do and you're holding back people from the end of the year and the market will go down 2, 3%. >> much harder than that and the point that temper is making, stocks are cheap, the fed is your friend. your reaction? >> stocks aren't cheap. it's 12 times a number that is fantasy for next...
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Dec 4, 2012
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saying that's going to allow washington to continue to spend money here on capitol hill. that's been met with a little bit of interest here in the halls of congress because that's a sign that republican conservatives are not entirely thrilled with the speaker's proposal to the president of the united states. it brings up the question of how much the speaker can actually negotiate with the president and how much his hands are going to be tied by dealing with his own conservative caucus here on the hill. talking with those republican members today, it seems like the speaker still has the upper hand. that's going to narrow some of the running room that the speaker has going forward. very, very dicey situation for speaker boehner today. >> all right. we'll be watching that. thank you so much, eamon. want to get to mary thompson now. >> pandora reporting an adjusted loss for the quarter -- adjusted earnings, i should say. up five cents a share on revenue of $120 million. the company also gave guidance for the fourth quarter, seeing an adjusted loss for that period. up 6 to 9 c
saying that's going to allow washington to continue to spend money here on capitol hill. that's been met with a little bit of interest here in the halls of congress because that's a sign that republican conservatives are not entirely thrilled with the speaker's proposal to the president of the united states. it brings up the question of how much the speaker can actually negotiate with the president and how much his hands are going to be tied by dealing with his own conservative caucus here on...
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Dec 28, 2012
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>> look, mandy, this is dysfunction palooza in washington. i've been talking about this since november. they can't get a deal done. they won't get a deal done. the market has been way too complacent. wall street, you were wrong. you were wrong. they are not going to get this deal done. the market is going to sell off chase to start 20 thrown. big >> it will continue to sell off. look, guys. here's the thing though. 25% right now of gdp is government spending. historically that's 20%. if there are going to be the spending cuts, that what we want to hear, john boehner. he's the adult in the room right now, guys and is looking like the bad guy because we have to stop the spending cuts. hitting the ceiling on the debt ceiling by monday. $16.3 trillion. you can't put a band-aid on this and suspect everything is going to be great and have howie mandel say deal or no deal. not good for the overall markets or economy. >> it's clear that revenue is not on the table. >> what do you do, run for the s? panic is not an investment strategy. give us some go
>> look, mandy, this is dysfunction palooza in washington. i've been talking about this since november. they can't get a deal done. they won't get a deal done. the market has been way too complacent. wall street, you were wrong. you were wrong. they are not going to get this deal done. the market is going to sell off chase to start 20 thrown. big >> it will continue to sell off. look, guys. here's the thing though. 25% right now of gdp is government spending. historically that's...
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Dec 27, 2012
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they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. if we go over the cliff, we'll be left with the knowledge that could have been about a single vote. mr. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have changed around here. i served in the house of representatives. there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. everyone knows, including the speaker of the house of representatives today, that if they had brought up -- if the senate passed bill that would give release to everyone making less than 250,000, it would pass overwhelmingly. every democrat would vote for it and republicans would vote for it. but the speaker, he says no, we can't do that. it has to be a majority of the majority. so they've done nothing. he even tried to bring up
they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. if we go over the cliff, we'll be left with the knowledge that could have been about a single vote. mr. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have changed around here. i served in the house of representatives. there's 435...
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Dec 9, 2012
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and slipping into lower class, why should you care about this and what can you do to affect change if washington so there's let political theater and more action? >> that's a major concern for members of congress. we're talking about the debt and deficit but the focus turned away from jobs. that's why i think the deal that is struck may not be if -- the cuts may not be effective immediately. maybe takes rates take a year to kick in because the economy is fragile. people who are out of a job don't want the economy to tank further. they want a job in 2013. congress has to be very careful to get a deal that actually doesn't put us back into recession. as you know, there's not a lot of confidence in congress so there's fear congress will mess it up. >> that's been the situation for a long time. people want to unfasten their seat belts on this. we'll keep a close eye on it. we appreciate you joining in. >> thank you. >> from down here on earth to up there in the lunar skies, marking a huge milestone in human spaceflight. can you believe it's been 40 years since we sent the last manned mission to the
and slipping into lower class, why should you care about this and what can you do to affect change if washington so there's let political theater and more action? >> that's a major concern for members of congress. we're talking about the debt and deficit but the focus turned away from jobs. that's why i think the deal that is struck may not be if -- the cuts may not be effective immediately. maybe takes rates take a year to kick in because the economy is fragile. people who are out of a...
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Dec 21, 2012
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have the christmas spirit in washington. it is about to become a ghost town because everybody is heading out of town with no deal on the fiscal cliff. house republicans left the meeting last night with their leadership. they called it the plan b because it didn't have enough gop support in the past. others drew a line. in fact... >> that's the same 40, 50 chuckle heads all year starting with hr 1 has screwed this place up. he has done everything in his power to make nice with them to bring them along and make them feel included. it hasn't mattered. i don't fault him. he does his best. >> raises taxes on any one isn't right to me. they are cutting spending that's what the problem is. >>> republicans were able to pass a bill that protected the pentagon from the fiscal cliff cut. as far as the automatic across the board tax hikes are concerned that are part of the fiscal cliff it is now up to senate democrats. here's his statement the house has already passed legislation to stop all of the january 1st tax rate increases and rep
have the christmas spirit in washington. it is about to become a ghost town because everybody is heading out of town with no deal on the fiscal cliff. house republicans left the meeting last night with their leadership. they called it the plan b because it didn't have enough gop support in the past. others drew a line. in fact... >> that's the same 40, 50 chuckle heads all year starting with hr 1 has screwed this place up. he has done everything in his power to make nice with them to...
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Dec 27, 2012
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here, if you're just joining us once again, a breaking story out of washington. seemingly hopeful story. the house announcing it will reconvene sunday evening. bring everybody back at that time and presumably to consider some deal that may come out of the senate at that point. whether or not that happens, the market is not waiting to see the whites of their eyes. the dow was down 150 points at the low of the session and now we're down just 15 points. the dow was positive moments ago. >> really was, and the volatility index, aka the wall street fear gauge, was above 20 earlier on this morning for the first time in many months. it's now 19.22. obviously a little bit of fear coming out of market. let's get more of what's going on in the markets and what's going on in terms of traders feelings about the hope of sunday night. laura myers is from dme securities. what did you think and what did you do when you heard about the house reconveneing? >> you have to realize how event-driven this market really is. everyone is walking on eggshells about what's really going to h
here, if you're just joining us once again, a breaking story out of washington. seemingly hopeful story. the house announcing it will reconvene sunday evening. bring everybody back at that time and presumably to consider some deal that may come out of the senate at that point. whether or not that happens, the market is not waiting to see the whites of their eyes. the dow was down 150 points at the low of the session and now we're down just 15 points. the dow was positive moments ago. >>...
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Dec 13, 2012
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if the food fight in washington continues. house speaker john boehner saying the white house seems willing to slow walk our economy up to and over the fiscal cliff. senator reed telling mr. boehner he can't ignore the american people forever. so there they have it. live to capitol hill with one on one interview with representative maxine waters when we come back. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength o
if the food fight in washington continues. house speaker john boehner saying the white house seems willing to slow walk our economy up to and over the fiscal cliff. senator reed telling mr. boehner he can't ignore the american people forever. so there they have it. live to capitol hill with one on one interview with representative maxine waters when we come back. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and...
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Dec 20, 2012
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let's get to john harwood in washington. all right. john, if the house passes plan b tonight, what's next? >> i think next both chambers of congress go home for the weekend and leave the leadership to work with the white house on the potential for a solution that might pass. you know, we had dualing press conference this morning, brian. one was harry reid, democratic leader in the senate saying, once the house passes plan b the senate will do nothing about it. >> we are not taking up anything they are doing now. it is time for republican foes get serious. it is very, very unfortunate the republicans wasted an entire week on a number of pointless political stunt. and that'hat they've done. >> what we've got is a situation where there is still potential, still time for a deal next week when members of congress come back. but for the moment, brian, mostly no hopium around here. >> plan b. a nonstarter. thank you, john howard. >> up next on "street signs," we will dive back into the heherba. we have an analyst comesing on who says buy herb
let's get to john harwood in washington. all right. john, if the house passes plan b tonight, what's next? >> i think next both chambers of congress go home for the weekend and leave the leadership to work with the white house on the potential for a solution that might pass. you know, we had dualing press conference this morning, brian. one was harry reid, democratic leader in the senate saying, once the house passes plan b the senate will do nothing about it. >> we are not taking...
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Dec 28, 2012
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thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. this is how mommy learned... ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> breaking news now. the associated press reporting that retired general norman schwarzkopf one of the heroes of the first gulf war has died in tampa, florida. he w
thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i...
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Dec 11, 2012
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what the negotiations may turn out to be in washington? the overall sentiment leaping into the end of the year? >> i think relative to santa claus i think ben bernanke is coming tomorrow -- >> they both have white beards beards. >> that environment in essence, why be in cash? why be in treasuries? they're forcing you to go out and acquire risk -- whether you believe it's artificial or not. i think there is credibility in the belief that the lot of it is artificial stimulation. >> doesn't matter. >> it doesn't matter. >> market's going up. you want to be a part of it. >> the market, you are being forced into risk assets. it looks like europe is improving. looks like i merging markets are improving. there's other places for the flows of capital to go. not just the u.s. >> i think boehner sounded like today he was overplaying his hand a little bit. if you step back from the rhetoric, the back and forth posturing in washington, i think you have a market that if you look back in october, the s&p was trading 1470. it pulled all the way back afte
what the negotiations may turn out to be in washington? the overall sentiment leaping into the end of the year? >> i think relative to santa claus i think ben bernanke is coming tomorrow -- >> they both have white beards beards. >> that environment in essence, why be in cash? why be in treasuries? they're forcing you to go out and acquire risk -- whether you believe it's artificial or not. i think there is credibility in the belief that the lot of it is artificial stimulation....
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Dec 22, 2012
12/12
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KGO
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one more note from washington. president obama nominated senator john kerry to succeed hillary clinton as secretary of state. secretary clinton who was still recovering from a concussion, was not there, but in a statement called the pick excellent. president obama's first choice for the job, susan rice withdrew her name after coming under fire about the tragedy in benghazi, libya. >>> now an update on that prison break. two convicted robbers scaling 17 stories with a rope made out of bed sheets. then impossibly hailing a cab to freedom. tonight, a new twist. abc's john schriffen has our story. >> reporter: he pulled off a daring escape from prison, but now joseph "jose" banks is busted. appearing in court this afternoon, after nearly three days on the run. the fbi arresting him late last night in chicago. >> yeah, it's kind of scary. but i thought that they'd, like, go far away. >> reporter: we now know both accomplished bank robbers, joseph banks seen here on surveillance video, broke out of their high-rise federa
one more note from washington. president obama nominated senator john kerry to succeed hillary clinton as secretary of state. secretary clinton who was still recovering from a concussion, was not there, but in a statement called the pick excellent. president obama's first choice for the job, susan rice withdrew her name after coming under fire about the tragedy in benghazi, libya. >>> now an update on that prison break. two convicted robbers scaling 17 stories with a rope made out of...
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Dec 9, 2012
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. >> the photo took a lot of the heat in journalism circles, but back in the 1960's this ran on the washington post and new york times and february 1968, the photo shows the south vietnamese police chief executing a viet cong officer with a single pistol shot to the head. what's the difference? >> well, there's nothing that the photographer could have done to stop that assassination, i think there is a difference between an accident or being in a kocian to rescue someone and covering a political event where you risk having the gun turned on you if you're to save the guy. >> and the photographer and then go back to shooting the guy. >> and journalists should decide ahead of time what they would do, not in every situation, do you save the person or do you, do you take the photo? and that's an interesting question. >> look, the question is, those papers put that story on the front page and had no qualms about what it showed. next on news watch, a big royal announcement. [ male announcer ] when it comes to the financial obstacles military families face, we understan at usaa, we know military life
. >> the photo took a lot of the heat in journalism circles, but back in the 1960's this ran on the washington post and new york times and february 1968, the photo shows the south vietnamese police chief executing a viet cong officer with a single pistol shot to the head. what's the difference? >> well, there's nothing that the photographer could have done to stop that assassination, i think there is a difference between an accident or being in a kocian to rescue someone and...
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Dec 27, 2012
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you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how would you invest, and when you recognize that none of us probably know and got it wrong the last time the debt ceiling came around. still be conservative and get some great balance sheet, but some names like john ehrlichman. could go savnlt these are names with big balance sheets will last you through to the. >> rick santelli, we spoke to you earlier on the show, did i get the impression that you're feeling a little more helpful? are you feelingmore so after speaking with the senators. >> i think the party will be with the parties doing the right place to actual
you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how...
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Dec 21, 2012
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wo we is a chill in washington over those fiscal cliff negotiations. in less than two weeks, there's roing to be a big tax increase americans and across the board t ts in the federal budget. the speaker of the house, and the president are trying to negotiate a solution, but prey're deadlocked on the question of raising taxes. president obama has proposed an $er taxes for households making more than $400,000. speaker boehner wants a tax increase only for households making a million or more. house is going to vote on that coposal tonight, and nancy cordes is on capitol hill for us. nancy. >> scott, shortly before that vote was due to take place house speaker john boehner announced he was canceling it with no democratic support, he needed almost every republican to get on board. and in the end he didn't e ve the votes. negotiations between speaker boehner and the white house ground to a halt today as everyone watched to see if he and house republican leaders would get the votes they needed to pass plan b, a bill preventing tax rates from going up for hous
wo we is a chill in washington over those fiscal cliff negotiations. in less than two weeks, there's roing to be a big tax increase americans and across the board t ts in the federal budget. the speaker of the house, and the president are trying to negotiate a solution, but prey're deadlocked on the question of raising taxes. president obama has proposed an $er taxes for households making more than $400,000. speaker boehner wants a tax increase only for households making a million or more....
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Dec 28, 2012
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yes, milk cliff in 1929 a farm law was passed that had washington buy milk at inflated prices. if there's not a move to get a new bill, we'll all pay the price. phil is joining us. how much could a gallon go up to? >> well, mandy, you're right. it could go up probably $3 a gallon. it's not just about a milk cliff. while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to avoid this problem because if the farm bill expires, we've got some real issues. >> so what do you think we should do, phil? what's the solution? >> well, bottom line is we've got to get everybody in washington to wake up. the senate passed it. the house ag committee passed it, but, you know, the house has really not allowed the debate to happen so as a result we've got all of this stuff happening and my fear is we're going to get lost. let's not forget, we've seen prices increase over the past two years dramatically, and especially after this summer's drought, prices went up even more. they're go
yes, milk cliff in 1929 a farm law was passed that had washington buy milk at inflated prices. if there's not a move to get a new bill, we'll all pay the price. phil is joining us. how much could a gallon go up to? >> well, mandy, you're right. it could go up probably $3 a gallon. it's not just about a milk cliff. while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to...
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Dec 4, 2012
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i don't think washington's quite as tough as what i am. >> glad i'm not growing up in your house, jimmy. >> wow. >> i give in to anything. and everything. just putting it out there >> wow. >> jim, michael, thank you very much for joining us. the meantime, we are calling this extreme hoarding, dividend edition, because more companies are paying billions and billions in special dividends. robert frank, by the way, who is getting the biggest payouts here? >> mostly ceos and company founders. more than 110 companies anumbers onned special dividends in the fourth quarter, three times last year's fourth quarter, all aimed at beating that potential tax increase on dividends. that tax now 15%, scheduled to go up to 43.4% on january 1st. now you companies have doled out more than $22 billion in special dividends this quarter. that's savings up to $6 billion in taxes. three of the biggest paydays will go to sheldon adeleson, tom frist and larry ellison. together, they will get $1.75 billion checks before christmas. and their tax savings there could be more than $490 million. so, what will they do
i don't think washington's quite as tough as what i am. >> glad i'm not growing up in your house, jimmy. >> wow. >> i give in to anything. and everything. just putting it out there >> wow. >> jim, michael, thank you very much for joining us. the meantime, we are calling this extreme hoarding, dividend edition, because more companies are paying billions and billions in special dividends. robert frank, by the way, who is getting the biggest payouts here? >>...
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Dec 30, 2012
12/12
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FOXNEWSW
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can washington now or five years from now ever really address that debt do you think? >> i don't know. it is interesting. we had on the panel and i really hope people will watch "fox news sunday." interesting and intelligent conversation between lindsey graham and dianne feinstein. not a lot of talking points, a lot of serious conversation between two patriots. we had on the panel senator evan bayh. >> good to see you, happy new year. >> even under these circumstances good to see you and happy new year to you and everybody out there. >> fascinating and serious conversation as you you say, something that, of course, is the major topic in our country today. what do we do about the debt and the economy. lindsey graham and dianne feinstein both on "fox news sunday." check your local listings. and right here on the fox news channel so just keep it right here. >> stay right here all day long with us. >> exactly. >> and coming up now, the doctors in for their sunday house call. looking ahead to 2013 and the breakthroughs that doctors are hoping for in the new year. what kind
can washington now or five years from now ever really address that debt do you think? >> i don't know. it is interesting. we had on the panel and i really hope people will watch "fox news sunday." interesting and intelligent conversation between lindsey graham and dianne feinstein. not a lot of talking points, a lot of serious conversation between two patriots. we had on the panel senator evan bayh. >> good to see you, happy new year. >> even under these...
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Dec 17, 2012
12/12
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CNBC
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. >> there is a little bit of an upward drift today and directly traceable to what is going on in washington and people getting their portfolios squared away for the end of the year. >> that will do it for this hour of "power lunch." thank you so much for joining us. >> have a great afternoon, everyone. tyler and i will see you tomorrow. "street signs" begins right now. >>> the market is taking a back seat to the event of newtown but business questions we main loud and long. we ask if more can be done with guns and treatment to prevent this from ever happening again. are we any closer to a deal? why john boehner's plan may go nowhere. plus the first of our fierce competitor specials pitting two big retailers against each other in a battle for your holiday dollars. and 109 years ago today, wilbur and orville wright took flight and we see how big their dream has become. >> trading higher at the last full day -- excuse me, trading week of the year. grinding quietly higher and fairly light trade. here are your interesting fact. seven up days, five down days for both the dow and s&p, the last 12
. >> there is a little bit of an upward drift today and directly traceable to what is going on in washington and people getting their portfolios squared away for the end of the year. >> that will do it for this hour of "power lunch." thank you so much for joining us. >> have a great afternoon, everyone. tyler and i will see you tomorrow. "street signs" begins right now. >>> the market is taking a back seat to the event of newtown but business...
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Dec 18, 2012
12/12
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CNBC
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one, the cfo says the washington debate over the fiscal cliff is not hurting the customers' tendency to spend. they're still spending their budgets and they feel great about the trajectory of their sales. still hiring sales people across every region, across vert capitals, cloud. larry ellison chimed in. finally, larry ellison said in qe-3 they'll be turning the corner in hardware revenue and in q4 expect growth and improving margins. >> thanks. you see the stock moving higher towards its previous highs. >> 52 week high. what we haven't mentioned i think might be the most important metric in oracle, the new licensing method was up 17%. they shop out there and continue to show how well they integrate. the problem is we will start pushing up against the 36 level, had been the top 12 years ago and in '09, if i'm not mistaken or '07. keep a look on it. i think it has more room to run, maybe 34, 35, then might be time to take the money off the table. >>> also 52 week highs in shares of sales. >>> meanwhile, bopoulty group, e builder hit its highest levels since april of 2006. do you have
one, the cfo says the washington debate over the fiscal cliff is not hurting the customers' tendency to spend. they're still spending their budgets and they feel great about the trajectory of their sales. still hiring sales people across every region, across vert capitals, cloud. larry ellison chimed in. finally, larry ellison said in qe-3 they'll be turning the corner in hardware revenue and in q4 expect growth and improving margins. >> thanks. you see the stock moving higher towards its...
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Dec 17, 2012
12/12
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CNBC
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i understand the enthusiasm or encouraging signs coming out of washington. but are these two sides really that much closer together? they seem, in some ways, to be talking past one another. >> right. what we don't know is what happened in this meeting today. that could be a sign of some progress. obviously the speaker made a new offer. now we will wait and see what the president will match that with. the political dynamics here are that the speaker needs to go back it republican colleagues on capitol hill and tell him look what i got the president to agree to that we didn't think he would agree to. what is that piece of this? it has to be on the spending side somewhere. that's where this deal will get made if it get made. obviously this level of activity, meetings, phone calls, activity over the weekend, indicates that something is happening. we are moving toward the goal line here. goal being a deal. but there's no question, there's no guarantee of course we will get there all the way. >> it is very interesting, eamon, speaker boehner's position was 800 bil
i understand the enthusiasm or encouraging signs coming out of washington. but are these two sides really that much closer together? they seem, in some ways, to be talking past one another. >> right. what we don't know is what happened in this meeting today. that could be a sign of some progress. obviously the speaker made a new offer. now we will wait and see what the president will match that with. the political dynamics here are that the speaker needs to go back it republican...
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Dec 5, 2012
12/12
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MSNBCW
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a new "washington post" pew research poll shows 53% of americans say congressional republicans will be blamed if no deal is reached. only 27% said the president should be held accountable. among those polled, 49% do not expect a deal to be reached by the deadline. compared to 40% who are a little more optimistic. 3% of americans were too tired to answer the phone. all right. also today, senator elect elizabeth warren one of wall street's harshest critics being tapped to serve on the banking committee. a final decision will not be made until the new congress convenes next month, but reports say the lobbyists say it's imminent. warren has been focal in her criticism of big banks and in the assumed role, she would oversee firms that she sparred with for years. remember, warren helped create the consumer financial protection bureau, all part of the dodd-frank reform law. many democrats hoped she would lead the agency, but senator republicans threaten to block her appointment. >>> a rare appearance by former senate majority leader bob dole on the senate floor was not enough to sway lawmaker
a new "washington post" pew research poll shows 53% of americans say congressional republicans will be blamed if no deal is reached. only 27% said the president should be held accountable. among those polled, 49% do not expect a deal to be reached by the deadline. compared to 40% who are a little more optimistic. 3% of americans were too tired to answer the phone. all right. also today, senator elect elizabeth warren one of wall street's harshest critics being tapped to serve on the...